Founder and COO of Gurgaon based startup- Shypmax, Parinay Itkan

Parinay Itkan is the founder of Shypmax which is India’s first and only Crossborder Logistics Platform supported by a cutting-edge product and top-rate service. It is one of the first courier services in India to be IOSS-ready, focused on adhering to new rules in the European Union (EU).

The brand, products, and services were created by Parinay and two of his friends to address problems experienced by thousands of Indian businesses and sellers who wanted to expand their operations abroad but met considerable challenges because of expensive and convoluted cross-border shipping.

In 2020, he established the Gurugram-based Shypmax with the intention of resolving these issues. The start-up employs a global Logistics Platform-as-a-Service (LPaaS) business model. Shypmax offers premium services at affordable prices to help business-to-business (B2B), business-to-consumer (B2C), and customer-to-customer (C2C) companies manage cross-border shipments.

Shypmax uses a perfect blend of technology and optimized shipping solutions to transport goods to 220 countries, including the UK, USA, South East Asia, Australia, Europe, and Canada. Shypmax has connections with more than 70 carriers and networks worldwide.

Parinay is confident that the number of users for his startup would increase by 200% annually. He intends to go to the West with his crew in order to increase their on-the-ground operations in significant regions. The firm intends to offer ocean freight services in addition to air freight services.